1504 Prosperity Dr Edinburg, TX 78541
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1504 Prosperity Dr
- Year built
- 2003
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a well-maintained, two-building multifamily property located at 1504 Prosperity Drive, Edinburg, Texas, 78541. The property, built in 2003, sits on a spacious 10,802.88 square foot lot and comprises four individual units, each featuring two bedrooms and two bathrooms. Currently fully occupied, this 4-plex offers immediate rental income potential. Its prime location in Edinburg, Texas, provides convenient access to the University, further enhancing its appeal to renters and maximizing its investment value. The property's strong rental history and proximity to the University contribute to a consistently high occupancy rate. The asking price for this lucrative investment is $380,000. This is a turnkey opportunity for investors seeking a stable and profitable addition to their portfolio. The property's solid construction and desirable location make it an attractive option for both experienced and new investors. Don't miss this chance to acquire a well-established multifamily property in a thriving Texas community.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edinburg
- County
- Hidalgo
- State
- Texas
- Longitude
- -98.1749632
- Latitude
- 26.3180639
